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SBA Honors Nine Minnesota Lenders

Release Date: 
Monday, September 9, 2013
Release Number: 
2013-23
Advisory Date: 
Friday, September 13, 2013
Contact: 
Sherree Stratton (612) 370-2325

MINNEAPOLIS – The Minnesota District Office of the U.S. Small Business Administration awarded nine Minnesota Lenders at the 2013 SBA Minnesota Lenders Conference in Minneapolis on Thursday. 

Criteria for the awards were based on data obtained from the SBA’s loan volume dashboard.  Loan information was collected from July 2012 to July 2013, with awards based on number of guaranteed approved loans.  The categories of “large, medium and small” lenders were obtained from the 2012-2013 Minnesota Bankers Association Bank Directory, based on the assets of the lender.

The award recipients are:

Micro Lender

Entrepreneur Fund, Duluth

Credit Union

Lake State Credit Union, Moose Lake

Small Bank Lender

Vision Bank, St. Louis Park

Medium Bank Lender

Summit Community Bank, Maplewood

Large Bank Lender

Bremer Bank

National Large Lender

US Bank, National Association

Certified Development Company Outstanding Risk Management

SPEDCO

Certified Development Company Job Creation

Twin Cities-Metro CDC

Community/Rural Lender

First National Bank of Henning, Ottertail, Battle Lake